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STOCK MARKET UPDATE 1st June 2018

1.0 DSE INDICES 2.0 Regional and Key Africa Stock Exchanges
Change Indices
TSI 4,176.29 -4.24 Bourse ASI Change %
DSE ASI 2,310.78 -5.99 NSE 172.53 -0.39
6 month Chart RSE 133.03 +0.01
UGX 2,077.47 +0.13
Zoom 1m 3m 6m 1y 3y NGX 38,104.54 -1.30
2700 4800
JSE 56,157.89 +1.00
2600 4600

2500 4400

2400 4200 3.0 Market At A Glance


2300 4000 During the trading session, the turnover of
2200 3800 TZS612.76 Million represents FOREIGN BUYERS
2100 3600
and LOCAL SELLERS at 72.08% and 84.40%
2000 3400
respectively.
01-07-17 01-09-17 01-11-17 01-01-18 01-03-18 01-05-18

4.0 Headlines
REASONS FOR DECLINE IN INTEREST RATE
Black - TSI
Yellow - DSE ASI
Reduction in Statutory Minimum Reserve (SMR) and
Source: DSE
decrease in discount rate are the major reasons
1. Statistics
behind the dropping interest rates that commercial
Turnover (TZS) 612,761,170.00
bank charge on loans. SMR is the amount of money
Market Cap (In Billion TZS) 22,252.87
that commercial banks deposit with the Bank of
Volume 419,082
Tanzania (BoT), while discount rate is the interest
Deals 61
that the central bank charges on its credits to
commercial banks through the interbank market. The
1.2 Selected counters (Movers, Gainers and losers)
Deputy Minister for Finance and Planning, said that
the SMR reduction from 10.0% to 8.0% and the
a. Top Moving Counters
reduced discount rate from 16.0% to 9.0% since
Company Price Volume
April, last year, were aimed at stimulating growth
VODA 800 159,044
through credit facilities.
CRDB 160 143,998
TBL 1,020 51,790
5.0 Money Market Snapshot
The Interbank continues to be liquid
b. Gaining Counters
Company 6.0 Foreign Exchange Market
DSE 1,860 +2.20%

SN QUOTE BID ASK


c. Losing Counters 01 TZS/USD 2,254.31 2,276.86
Company
TCCL 1,020 -15.00% 02 TZS/GBP 3,004.77 3,035.73
MKCB 800 -3.61%
KCB 1,025 -1.44% 03 TZS/EUR 2,635.74 2,662.78
ACA 3,900 -0.13% 04 TZS/ZAR 179.26 180.88

05 TZS/KSHS 22.27 22.44

06 TZS/RWF 2.58 2.61

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